International Fuels News
Tuesday July 5, 2005 9:00 AM Eastern Time
French Governmental Agency to Evaluate International Fuel Technology’s Fuel Additive Technology
Test Program Will Analyze the Effect of IFT Technology on Gasoline/Ethanol Fuel Blends
ST. LOUIS – July 5, 2005 – International Fuel Technology Inc. (OTC BB: IFUE), a fuel science and research company, today announced that AGRICE, the Agricultural Resources for Chemistry and Energy division of ADEME, the French agency for Environment and Energy Management, will commence a test program to specifically evaluate the effects of IFT technology on gasoline/ethanol fuel blends.
The test program is expected to be completed in the first quarter of 2006. Gasohol blends of 5% to 10% ethanol will be tested.
Expertises Technologies et Services Produits (ETSP), a technical and commercial partner of IFT, will supervise and coordinate the test on behalf of IFT and SNPAA, the French alcohol producers association.
Jonathan Burst, IFT’s CEO, said, “We are very pleased to be selected for this test program. The potential benefits of our technology continue to generate a lot of interest in the marketplace.”
Axel Farhi, who joined IFT from Gulf Oil International in late 2004 and the IFT point person for the AGRICE project said, “This is a very important step for IFT. Ethanol is a growing source of alternative energy in the European marketplace. If we can demonstrate the benefits our technology brings to gasohol fuel blends, we will open up a sizeable market for IFT products.”
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